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Question 1: What is the future value of 20 periodic payments of $4,720 each made at the beginning of each period and compounded at 8%?

Question 1: What is the future value of 20 periodic payments of $4,720 each made at the beginning of each period and compounded at 8%? What is the present value of $3,440 to be received at the beginning of each of 28 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places)

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